‘Robo advisor’ to choose the optimal stock…Profit percent cannot reach human level
By Kim Min Soo | minsu@ | 2017-07-26 11:01:44
Robo advisor in sluggish stage even after 1 year of launch
‘Robo advisor’ has been spreading to the financial sector since the advent of Go`s ‘Alpha Go’ last year.
Robo adviser is a combination of `Robot` and `Advisor`, which means that robots manage and manage assets instead of humans.
Although Alpha has dominated the world`s top professional badges in a year and has shown that humans can no longer overcome artificial intelligence in Go, Robo advisor is still in its infancy in terms of returns over the past year to be.
According to fund evaluation company KG Zeroin, the average monthly return of 13 domestic and overseas stock advisory funds with net asset value of more than KRW1bn was 1.79% (based on 24th). This is far behind the one-month average return (2.03%) of domestic and overseas equity-type public funds.
Given the recent launch of the Roboadviser Fund, Roboadviser had a 0.76% return compared to the weekly return of equity-type IPOs (0.82%).
Robot adviser fund performance by Management Company was also staggered.
Robo adviser Fund, which had the highest return since its establishment, recorded a return of 21.18% as ‘Mirae Asset AI Smart Beta Type F,’ which invests in common stocks. Kium Quarterback Global Robo Advisor [Equity-Treasury] C `(8.64%), which invests in global stocks, followed the track.
After that, `Kium Quarterback Global Robo advisor` (8.04%), `C-Class` (4.77%),` Senior Marriage - (2.73%), Adviser [Mixed-Indirect] C-F (2.89%), High ROKI1 Global Robot Advisor H Stock type A `(0.43%).
Asset Plus Asset Management`s ‘Alpha Robo Fund’ launched earlier this month had a lower return since its establishment than other funds, but it has a 1-week return in 1-week yields respectively. Meanwhile, `Robo advice Fund` launched in the middle of the month had a relatively poor performance, with a one-week return of 0.02%.
Robo advisor`s earnings are inferior to the existing KOSPI, but financial companies are making efforts to popularize the robot advisor.
Currently, 22 companies including banking, securities, and robot advisor technology companies are testing their operation algorithms at the `Robo advisor Test Bed Center,` jointly promoted by the Financial Services Commission and Koscom.
The robot advisor receives a ‘certification’ indicating that he or she has the requirement to conduct direct consultation on behalf of the person after passing through this test bed.
Thirty-four companies participated in the first test bed, 23 of which passed the test successfully and are operating in earnest.
In the financial investment industry, the yield of robot advisors is still lower than that of people, but it is expected that the more information they acquire, the higher the return rate of people.
"The Rover advisors are the most attractive because they provide the masses with the wealth management services that only high-end property owners have been enjoying at a low cost," stated an expert from the financial investment industry. "As the robot advisor evolves, The yield will also improve." He also added.
By By Kim Min Soo minsu@
[ copyright ⓒ The Digitaltimes ]
‘Robo advisor’ has been spreading to the financial sector since the advent of Go`s ‘Alpha Go’ last year.
Robo adviser is a combination of `Robot` and `Advisor`, which means that robots manage and manage assets instead of humans.
Although Alpha has dominated the world`s top professional badges in a year and has shown that humans can no longer overcome artificial intelligence in Go, Robo advisor is still in its infancy in terms of returns over the past year to be.
According to fund evaluation company KG Zeroin, the average monthly return of 13 domestic and overseas stock advisory funds with net asset value of more than KRW1bn was 1.79% (based on 24th). This is far behind the one-month average return (2.03%) of domestic and overseas equity-type public funds.
Given the recent launch of the Roboadviser Fund, Roboadviser had a 0.76% return compared to the weekly return of equity-type IPOs (0.82%).
Robot adviser fund performance by Management Company was also staggered.
Robo adviser Fund, which had the highest return since its establishment, recorded a return of 21.18% as ‘Mirae Asset AI Smart Beta Type F,’ which invests in common stocks. Kium Quarterback Global Robo Advisor [Equity-Treasury] C `(8.64%), which invests in global stocks, followed the track.
After that, `Kium Quarterback Global Robo advisor` (8.04%), `C-Class` (4.77%),` Senior Marriage - (2.73%), Adviser [Mixed-Indirect] C-F (2.89%), High ROKI1 Global Robot Advisor H Stock type A `(0.43%).
Asset Plus Asset Management`s ‘Alpha Robo Fund’ launched earlier this month had a lower return since its establishment than other funds, but it has a 1-week return in 1-week yields respectively. Meanwhile, `Robo advice Fund` launched in the middle of the month had a relatively poor performance, with a one-week return of 0.02%.
Robo advisor`s earnings are inferior to the existing KOSPI, but financial companies are making efforts to popularize the robot advisor.
Currently, 22 companies including banking, securities, and robot advisor technology companies are testing their operation algorithms at the `Robo advisor Test Bed Center,` jointly promoted by the Financial Services Commission and Koscom.
The robot advisor receives a ‘certification’ indicating that he or she has the requirement to conduct direct consultation on behalf of the person after passing through this test bed.
Thirty-four companies participated in the first test bed, 23 of which passed the test successfully and are operating in earnest.
In the financial investment industry, the yield of robot advisors is still lower than that of people, but it is expected that the more information they acquire, the higher the return rate of people.
"The Rover advisors are the most attractive because they provide the masses with the wealth management services that only high-end property owners have been enjoying at a low cost," stated an expert from the financial investment industry. "As the robot advisor evolves, The yield will also improve." He also added.
By By Kim Min Soo minsu@